WestBridge Capital-backed IndiQube files DRHP for Rs 850 Cr IPO

Indiqube, a co-working space provider backed by Westbridge Capital, has filed a Draft Red Herring Prospectus (DRHP) for an IPO worth Rs 850 crores. The company aims to raise capital to expand its footprint and strengthen its market position. Indiqube’s business model, which focuses on providing flexible office spaces for startups and SMEs, has gained traction in the post-pandemic world, where hybrid work environments are increasingly popular. The IPO is expected to attract significant interest from institutional investors.